Economy in Nepal

Currency: Rupee

1 USD = 64 Rupees

Geographic effect

Nepal is Isolated

  • India and China main trade source
  • One of the least developed countries in the world due to isolation

mAIN SOURCE OF ECONOMY:

Agriculture: 81% of Labor Force

Labor force by occupation

agriculture 81%,

services 16%

industry 3%

Brick and Tile manufacturing

Timber is one of the most valuable resources

  • Almost all of the timber is imported to India

Tourism:

Most of Nepal's Economy from tourism is due to Mount Everest

money isn't easy

25% of Nepalese live below the poverty line

There is a 46% unemployment rate

Large economic setback due to the 2015 earthquake

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